City
Epaper

Australian regulator calls on airlines to cut domestic airfares

By IANS | Updated: March 9, 2023 15:25 IST

Canberra, March 9 The Australian Competition and Consumer Commission (ACCC) has called on airlines to cut domestic airfares, ...

Open in App

Canberra, March 9 The Australian Competition and Consumer Commission (ACCC) has called on airlines to cut domestic airfares, as consumers are still paying prices above pre-Covid levels.

The ACCC released its latest "Airline Competition in Australia" report, which showed that domestic airfares have declined from their historic highs at the end of 2022, but the average revenue per passenger remains 13 per cent higher in real terms than it was in 2019, reports Xinhua news agency.

According to the report, the price index for discounted tickets was 25 per cent higher in February 2023 than the same month pre-pandemic, and that for some routes continues to be significantly higher compared to pre-pandemic.

Over the period, the cheapest return fares for Coffs Harbour to Sydney almost tripled to A$338 ($223).

Many flight prices to and from Adelaide, capital city of South Australia, were doubled or almost doubled, said the report.

ACCC Commissioner Anna Brakey noted that the airfares reduction is typically due to a seasonal drop in demand, as well as an increase in seat capacity by airlines.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Anna brakeyCanberraConsumer CommissionAcccCoffs harbour
Open in App

Related Stories

CricketRohit Sharma-Led Team Arrives in Canberra for Day-Night Match Against Prime Minister’s XI (Watch Video)

InternationalAustralian flu vax uptake falls in winter amid cost-of-living pressures

InternationalLong-term underfunding affects Aus university education quality: Report

InternationalElderly man hospitalised in Aus after crocodile attack

InternationalAbortion restrictions eased in Australia

International Realted Stories

InternationalReinvigorating policies and modernising military — How India can navigate emerging security paradigm in its neighbourhood

International'First responder' India expresses solidarity as Nepal marks 10th anniversary of devastating earthquake

InternationalVatican City: President Murmu pays homage to Pope Francis

InternationalEAM Jaishankar holds talks with Ex-New Zealand PM, appreciates her solidarity on Pahalgam terror attack

InternationalPahalgam attack: More countries express solidarity with India, offer support in fight against terrorism